Now ain’t that something! This will go nicely with our fifth place ranking in the list of countries with the most illicit financial flows (Malaysia chalked up total flows of US$419bn in the period 2004-2013!) and our fame from 1MDB, thank you very much.
What about Thailand, Indonesia, the Philippines and Singapore? No fight. We are the undisputed Asean – and Asian – champions!
Quick, what can we do to make sure the cronies don’t suffer as much as ordinary people? Maybe a few more plum, juicy mega contracts?
* I love this word ‘softening’ – adds a positive spin to a worrying situation for developers and property speculators. Even leaves you with a warm, fuzzy glow. As you may know, big developers and property speculators are highly allergic/sensitive to even the mildest bad news in the media about their sector. ‘Softening’ is about all they can stomach.